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NY S03524

NY S03524
Relates to taxpayers affected by a federal government shutdown by granting an extension for those who are furloughed and expediting their tax refunds.


summary

Introduced
01/30/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Relates to taxpayers affected by a federal government shutdown by granting an extension for those who are furloughed and expediting their tax refunds.

AI Summary

This bill relates to taxpayers affected by a federal government shutdown. It grants an automatic 60-day extension for filing tax returns and paying taxes for federal government employees who are furloughed due to a government shutdown. The bill also requires the state tax department to expedite tax refunds for these affected taxpayers, providing the refund within 30 days or giving written notice of any discrepancies. If the department fails to provide the refund or notice within 30 days, it must pay the taxpayer interest at a rate of 6% per annum on the refund owed.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/05/2022)

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